MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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- Different hotels in a certain area are randomly selected, and their ratings and prices were obtained online. Using technology, with x representing the ratings and y representing price, we find that the regression equation has a slope of 135 and a y-intercept of - 352. Complete parts (a) and (b) below. a. What is the equation of the regression line? Select the correct choice below and fill in the answer boxes to complete your choice. O A. ý=+ % = O B. 9= %3D C. y = O D. b. What does the symbol y represent? O A. The symbol y represents the amount that price increases with a 1-point increase in rating. O B. The symbol y represents the predicted value of price. O C. The symbol y represents the average price of hotels in the area. O D. The symbol y represents the expected price when the hotel's rating is 0.arrow_forwardDifferent hotels in a certain area are randomly selected, and their ratings and prices were obtained online. Using technology, with x representing the ratings and y representing price, we find that the regression equation has a slope of 125 and a y-intercept of - 400. Complete parts (a) and (b) below. a. What is the equation of the regression line? Select the correct choice below and fill in the answer boxes to complete your choice. O A. V= O B. O C. y= O D. ŷ=+ LDarrow_forwardFind the explanation variation for the paired data. The equation of the regression line for the paired data below is y = 3x. Find the explained variation.arrow_forward
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